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Restructuring Plans | 3 Months Ended
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Jun. 30, 2019
Restructuring and Related Activities [Abstract] |
Restructuring Plans | Restructuring Plans During fiscal 2018, the Company announced restructuring programs to improve efficiencies primarily related to supply chain and general operations in EMEA. The Company estimates that the total charges for these actions will amount to approximately $7,400, primarily from cash charges for employee severance-related payments and other charges. The Company estimates that these actions will result in the reduction of approximately 80 employees upon completion. During fiscal 2018, the Company recorded non-cash restructuring charges of $69 and cash charges of $2,260 and an additional $3,104 during fiscal 2019. The Company incurred $1,350 in costs against the accrual in fiscal 2018 and an additional $2,844 in fiscal 2019. During the first quarter of fiscal 2020, the Company recorded restructuring charges of $14 and incurred $189 in costs against the accrual. As of June 30, 2019, the reserve balance associated with these actions is $894. The Company expects to be committed to an additional $2,000 in restructuring charges related to this action, which it expects to complete in fiscal 2021. During fiscal 2019, the Company announced restructuring programs to improve efficiencies of its operations in EMEA. The Company estimates that the total charges for these actions will amount to approximately $2,500, from charges primarily for employee severance-related payments to approximately 35 employees. During fiscal 2019, the Company recorded restructuring charges of $347 and incurred $83 in costs against the accrual. During the first quarter of fiscal 2020, the Company recorded restructuring charges of $557 and incurred $379 in costs against the accrual. As of June 30, 2019, the reserve balance associated with these actions is $439. The Company expects to complete these actions in fiscal 2021. During fiscal 2019, the Company announced restructuring programs to improve efficiencies of its operations in the Americas. The Company estimates that the total charges for these actions will amount to approximately $4,100, from cash and non-cash charges primarily for employee severance-related payments to approximately 100 employees. During fiscal 2019, the Company recorded restructuring charges of $1,970, non-cash charges of $2,095 and incurred $1,480 in costs against the accrual. During the first quarter of fiscal 2020, the Company incurred $340 in costs against the accrual. As of June 30, 2019, the reserve balance associated with this action is $147. The Company expects to complete these actions in fiscal 2020. During fiscal 2019, the Company announced a restructuring program to improve efficiencies of its operations in the Asia and to convert its India operations from mainly reserve power production to motive power production. The Company estimates that the total charges for these actions will amount to approximately $5,300, from cash charges primarily for employee severance-related payments to approximately 150 employees and non-cash charges related to the write-off of fixed assets. During fiscal 2019, the Company recorded cash restructuring charges of $2,772 and non-cash charges of $771 and incurred $1,683 in costs against the accrual. During the first quarter of fiscal 2020, the Company recorded restructuring charges of $363 and incurred $979 in costs against the accrual. As of June 30, 2019, the reserve balance associated with this action is $521. The Company expects to complete this action in fiscal 2020. During fiscal 2020, the Company announced a restructuring program to improve efficiencies of its operations in the Americas. The Company estimates that the total charges for these actions will amount to approximately $900, from cash charges primarily for employee severance-related payments to approximately 50 employees. During the first quarter of fiscal 2020, the Company recorded restructuring charges of $585 and incurred $113 in costs against the accrual. As of June 30, 2019, the reserve balance associated with this action is $472. The Company expects to complete this action in fiscal 2020. A roll-forward of the restructuring reserve is as follows:
|  | Employee Severance |  | Other |  | Total
Balance as of March 31, 2019 |  | $ | 2,356 |  |  | $ | 596 |  |  | $ | 2,952 |
Accrued |  | 1,346 |  |  | 173 |  |  | 1,519 |
Costs incurred |  | (1,589 | ) |  | (411 | ) |  | (2,000 | )
Foreign currency impact |  | 4 |  |  | (2 | ) |  | 2 |
Balance as of June 30, 2019 |  | $ | 2,117 |  |  | $ | 356 |  |  | $ | 2,473 |
Other Exit Charges During fiscal 2019, the Company committed to a plan to close its facility in Targovishte, Bulgaria, which produced diesel-electric submarine batteries. Management determined that the future demand for batteries of diesel-electric submarines was not sufficient given the number of competitors in the market. Of the estimated total charges of $30,000 for all these actions, the Company had recorded charges amounting to $20,242 in fiscal 2019, relating to severance and inventory and fixed asset write-offs. The Company recorded an additional $672 relating to non-cash charges in the first quarter of fiscal 2020. During the first quarter of fiscal 2019, in an effort to improve profitability, the Company converted its India operations from mainly reserve power production to motive power production. As a result of the Company’s exit from reserve power, the Company recorded a non-cash write-off of reserve power inventories of $526, which was reported in cost of goods sold. In addition, the Company recorded a $547 write-off related to reserve power fixed assets in restructuring expenses.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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